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ALL » Topics » Summary of Named Executive Officers Salary for 2005

This excerpt taken from the ALL 10-Q filed Aug 3, 2005.

Summary of Named Executive Officer’s Salary for 2005

 

On May 17, 2005, Thomas J. Wilson was elected President and Chief Operating Officer of the registrant, effective as of June 1, 2005.  In connection with that election, the registrant’s Board of Directors, upon recommendation from the Compensation and Succession Committee, increased Mr. Wilson’s annual base salary, as of June 1, 2005, to $800,000 from $702,000.  This salary may be changed at any time at the discretion of the Board.

 

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